ESOP · DOL Form 5500 · 2024
Karl's, Inc. ESOP
Data updated 2026-08-25
- $25M
- Total assets Small plan by assets
- 293
- Participants Below avg headcount
- 74th
- Percentile by assets National rank
- $84,625
- Avg per participant Below avg balance/head
Official DOL plan name: Karl's Inc Employee Stock Ownership Plan and Trust · Sponsored by Karl's, Inc. · South Dakota · Retail Trade
$25M in assets, 293 participants
Karl's, Inc.'s Karl's Inc Employee Stock Ownership Plan and Trust reported $25M in total assets and 293 participants in its 2024 DOL Form 5500 filing, ranking in the 74th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #6,757 in Retail Trade (8,048 peers)
Karl's, Inc. multi-year trail
Karl's, Inc.'s plans moved +50.1% in assets from 2022 to 2024; this filing shows Karl's Inc Employee Stock Ownership Plan and Trust at $25M / 293 participants.
- #6,757
- in Retail Trade (8,048 peers)
- +27.7%
- assets growth YoY
Karl's Inc Employee Stock Ownership Plan and Trust's outsized position by total assets
Karl's Inc Employee Stock Ownership Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$24,795,259 Top 26% higher than 74% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Karl's Inc Employee Stock Ownership Plan and Trust among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Karl's Inc Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (293 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Karl's Inc Employee Stock Ownership Plan and Trust reported participants rose from 214 in the plan year 2023 filing to 293 in the plan year 2024 filing.
- Karl's Inc Employee Stock Ownership Plan and Trust end-of-year assets rose from $19M in the plan year 2023 filing to $25M in the plan year 2024 filing.
- Karl's Inc Employee Stock Ownership Plan and Trust reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 460307274 · Karl's, Inc. PY 2024 · ESOP
Karl's Inc Employee Stock Ownership Plan and Trust · $25M · 293 · 74th
- TYPE $25M
- TYPE 293
- TYPE 74th
- TYPE ESOP
- TYPE near C&i Engineering Employee Stock Ownership Plan
- TYPE ind #6757
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in South Dakota →
Karl's Inc Employee Stock Ownership Plan and Trust in the asset neighbourhood
Karl's, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Karl's, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $30M 50.124935698495236% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 637 | $20M |
| 2023 | 2 | 597 | $25M |
| 2024 | 2 | 670 | $30M |
Karl's, Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $19M |
|---|---|
| Net Assets (End of Year) | $24M |
| Net Income | $5M |
| Employer EIN | 460307274 |
| Plan Effective Date | 1980-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in South Dakota
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Showplace Wood Products, Inc. Employee Stock Ownership Plan $104M · 529
- Fishback Financial Corporation Employee Stock Ownership Plan $56M · 715
- Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan $46M · 87
- Re/Spec Inc. Employee Stock Ownership Plan $45M · 497
- The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust $42M · 108
Karl's Inc Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount
Outside South Dakota, the nearest ESOP by assets is C&i Engineering Employee Stock Ownership Plan in KY ($25M); by covered participants it is Alterman Group, Inc. Employee Stock Ownership Plan in TX (293 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($25M here).
Similar participant headcount
Nearest other-state filings by covered participants (293 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.